Government of Singapore Investment Corp. is investing in a 30-year-old San Francisco office tower thatís valued at about $900 million, according to one person with direct knowledge of the transaction.
GIC, as the Singapore sovereign wealth fund is known, is part of a group thatís taking control of 101 California Street in San Franciscoís financial district, said the person, who asked not to be identified because the information isnít public. The fund declined to comment...............................................Full Article: Source